Upcoming: Market Focused on Tonight's CPI, Fed May Turn Hawkish if Surprisingly High

BlockBeats News, February 13th, the U.S. will release the January Non-Farm Payrolls at 21:30 tonight (UTC+8), with a previous value of 2.70% and an expected value of 2.50%. It will also announce the January CPI M/M, with a previous value of 0.3% and an expected value of 0.3%.

Goldman Sachs analyst Kay Haigh stated yesterday that they still believe the Fed has room for two more rate cuts this year. However, if Friday's CPI release unexpectedly shows an increase, it may tilt the Fed towards a more hawkish stance.

According to PolyBeats monitoring, the probability on Polymarket for the January Non-Farm Payrolls to be less than or equal to 2.8% is 96%, with only a 2% probability for 2.9% and 3.0%.